Content hub

Explore private capital market trends, in-depth research from leading industry partners, expert interviews, live webinars, and educational videos — all in one place.

Featured Article

Business of Private Credit: Coming Home

Much attention has been paid to the suitability of Matt Damon in the lead role as the wily Odysseus in this summer’s Christopher Nolan blockbuster.

Read article

    CLOs: A Vehicle Inspection Report

    “Anytime loan market technicals shift, there’s always a view that CLOs are the end of Western civilization as we know…

    Read More

    Secondary market levels continue to trend higher

    Prior to the pandemic, the average bid on the North America Overall-Market cohort of loans was in the 97.5 context,…

    Read More

    Quantifying style drift

    An upcoming PitchBook analyst note takes a look at GP style drift. It’s an important topic but a frustrating one…

    Read More

    Distribution of Synergies & Cost Savings EBITDA Addback Time Horizons (for Actions Resulting in Addbacks)

    (Past performance is no guarantee of future results.) Contact: Steven Miller

    Read More

    Special Report: SPACs – A Primer

    Beginning in November 2020 The Lead Left published a series of articles on special purpose acquisition companies (SPACs). This report consolidates those articles.

    Read More

    How will you spend your $1,400 stimulus check?

    Read More

    Select Deals in the Market - 3/29/2021

    Read More

    CLOs Revisited – Ratings, Risks, and Returns (Second of a Series)

    “The world has put all its Covid eggs into the vaccine basket. There is no Plan B.” – CLO manager.…

    Read More

    Triple A Service

    CLO liability spreads for the most creditworthy tranches have fallen below pre-Covid levels.

    Read More

    Stat of the Week: % People received Covid vaccine*

    Read More

    Private Debt Intelligence - 3/29/2021

    Private Debt Assets under Management by Geographic Focus, 2000 – 2020 [wpdm_package id=’44001′] While funds focusing on North America constitute…

    Read More

    Loan Stats at a Glance - 3/29/2021

    Contact: Marina Lukatskymarina.lukatsky@spglobal.com

    Read More

    A good word for private equity

    Download PitchBook’s Report here. A quick break this week from the usual hard numbers and trendlines. PitchBook is working with the…

    Read More

    Twenty is the new 50; Cov-lite invasion continues into direct lending

    It’s no exaggeration that covenant-lite is invading direct lending. Market participants across the board say today’s cutoff is $20 million…

    Read More

    BDC NAV per share records 2% quarter-over-quarter growth in 4Q20

    Most BDCs have now filed 4Q20 financials and according to data compiled from Refinitiv’s BDC Collateral, BDC NAV per share…

    Read More

    Fran, Dan, and Ran Show (Part II): Capital Markets 2021 - COVID Impact and Outlook

    Private Credit​: views from investors/LP, the opportunities, new entrants, and lessons learned from the pandemic. Churchill’s Co-Head of Senior Lending…

    Read More